Mergers & Acquisitions: Page 37

Feed Additives

Nuscience acquires Brazil feed additives company

Nuscience, the specialty division of the Royal Agrifirm Group, has acquired the company Metachem Nutrientes, active in the development, production and sales of feed additives in Brazil. This acquisition is the first foothold of Nuscience in the market, according to the company.

Mergers & Acquisitions

NWF Group acquires SC Feeds

NWF Group, a specialist agricultural and distribution business, has acquired the entire issued share capital of SC Feeds Ltd, an animal feed manufacturer based in Staffordshire, for up to £6.75 million on a cash-free, debt-free basis. This price comprised an initial consideration of £6 million in cash, which would be satisfied from NWF's existing banking facilities, and up to £0.75 million to be satisfied by the issue of new ordinary shares.

Mergers & Acquisitions

BASF acquires biotech company Verenium

Verenium Corporation, an industrial biotechnology company focused on the development and commercialization of high-performance enzymes, has entered into a definitive merger agreement with BASF Corporation, a chemicals company, under which BASF will commence a cash tender offer for all of the outstanding shares of Verenium's common stock. The agreement has been unanimously approved by both Verenium's and BASF's boards of directors.

Mergers & Acquisitions

Serbia feed market sees acquisitions from Agrifirm, Nuscience

Serbia's feed industry has seen two recent acquisitions: Agrifirm has acquired a 35 percent interest in Serbian compound feed company Sto posto, and Nuscience Group has acquired a 51 percent interest in Serbian premix producer Novi Mix. With an annual volume of more than 80,000 metric tons, Sto posto is the market leader in the Serbian animal feed market.

Feed Production by Region

DSM acquires New Zealand-based Unitech

Royal DSM, a global life sciences and materials sciences company, has acquired Unitech Industries Limited, a New Zealand-based producer of nutritional products for both human and animal markets. Financial details have not been disclosed.

Aquaculture

Nutreco acquires Ecuador shrimp, fish feed supplier

Nutreco has successfully completed its acquisition of 75 percent of the shares in Gisis S.A., the shrimp and fish feed subsidiary of the Expalsa group. The transaction has received unconditional clearance by the Ecuadorian competition authority, and takes Nutreco into the global top three shrimp feed suppliers.